Yeah, but lower-class wages especially are pretty flexible. This is especially true with temporary workers, and contract ones. In the end, it'll just mean less

Yeah, but lower-class wages especially are pretty flexible. This is especially true with temporary workers, and contract ones. In the end, it'll just mean less people get higher-paying jobs. This won't really matter anyways, because importing goods is always possible, especially when their production is relatively simple. You might then say we could work out some trade agreement such that outsourcing is more difficult, but if you also intend to "give the working class a raise," that'll just make everything more expensive. Couple this with the lower rate of employment as a result of those higher wages, and you just reduced the purchasing power of like, a lot of people. I think the only clear solution is a basic income, but the political system isn't built for good solutions. Trade relations are becoming more and more important as more of the world develops, which means the traditional working class in developed nations is going to get kind of shafted over the next few decades. It sucks, but much like the whole guilded age, people will eventually learn to do something else.